How can financial institutions navigate AI risks and regulations?
Getting the legal structuring right from the get-go can make all the difference for financial institutions looking to take full advantage of AI.
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ARTIFICIAL intelligence (AI) is already having a profound impact on various industries in Singapore, such as monitoring and predicting the spread of Covid-19, and the development of autonomous vehicles as part of the government's smart mobility solutions.
Financial services too have felt the effect of AI, and deployment of this new technology has accelerated rapidly within the industry, supporting a wide range of activities from risk management, customer onboarding and engagement, to trading, portfolio management and robo-advisory.
THE REALITY OF AI IN FINANCE
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